HSBC yesterday increased its floating rate by 19 basis points and its one-year rate by 25 basis points to 6.49% and 5.99% respectively, with it’s four year rate dropping 15 basis points to 7.30%.
CBS Canterbury has also made changes, increasing its floating rate by 26 basis points to 6.25% and reducing its five year rate by 25 basis points to 7.95%.
The NZ Mortgage Brokers Association named the winners of its annual Broker of the Year Awards last Friday, plus the winner of a new award - lender of the year. Click here to see who the winners were.
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